Juniper Industrial Holdings, Inc. (JIH.U) Prices $300M SPAC IPO
Juniper Industrial Holdings Corp. (JIH.U), announced the pricing of their $300 million SPAC IPO this evening. Juniper’s units are expected to begin trading, tomorrow, Friday, November 8th, under the symbol NYSE: JIH.U.
Juniper Industrial Holdings Corp. intends to focus on the industrial sector and will be led by Roger Fradin, as Chairman and CEO, and Brian Cook, as CFO and Director.
Total SPAC deal count for 2019 year-to-date is now 50 with $11.8 billion in gross proceeds raised. The offering is expected to close on Thursday, November 13, 2019.
Congratulations to all.
UBS Investment Bank acted as sole book-running manager for the offering. Kirkland & Ellis LLP and Ropes & Gray LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively.